KPMG named by ALM Intelligence a Leader in Cybersecurity Consulting.
KPMG has been announced by ALM Intelligence as a Leader in `Cybersecurity Consulting 2019', receiving either a `Strong' or `Very Strong' rating in each of the nine capabilities assessed.
“The [KPMG Cyber Security] practice is taking a holistic, proactive, approach to interacting with clients to create client-centric solutions in an environment of co-creation of business-savvy cyber including assessment to create change, engineers or technical aspects and implementation,” wrote the report's authors in ALM Intelligence, “The ALM Vanguard: Cybersecurity Consulting 2019.” The report also highlights KPMG's four key strategy pillars which include Strategy and Governance, Transformation, Cyber Defense and Cyber Response, stating that the network's “approach accelerates an organization's digital agenda, building cyber resilience and confidence.”
The report gave KPMG the highest possible capability ratings for needs assessment; internal client insight; operating system; management system; and enabling tools.
According to the ALM report, “KPMG's service delivery has evolved to a Powered Solution Model, an innovative approach using preconceived IP with technology through ecosystem partners to meet the client's specific needs, thus creating value-based outcomes rapidly and efficiently.”
The report also remarked that KPMG's alternate pricing models serve clients throughout the engagement, shifting from traditional pricing options to provide for “retainers, on call agreements, licensing IP products, subscriptions, managed co-sourcing and more (including managed services).”
“As our clients change their businesses and adopt new technologies to maintain a competitive edge, Cybersecurity remains a top area of focus to ensure these initiatives are done safely and securely,” said Tony Buffomante, who, along with Akhilesh Tuteja, Co-Leads KPMG's Global Cyber Security practice. “We continuously invest in new cyber capabilities, methods and technology solutions to aid our clients on their business journey, helping them drive customer trust into the products and services that they are taking to market.”
KPMG firms have made a number of cyber acquisitions globally since 2017, including Loomans & Matz, a consulting services firm in Germany focused on information security and data protection; EGYDE Cybersecurity, a Canada-based firm focused on cloud security and data governance; Cyberinc, an Identity and Access Management business based in the US; UniBridge, a Norwegian-based focused on e-ID and e-signature capabilities; and Everdon Security, a consulting services firm in cyber security, information security and risk management in Sweden.
“Businesses - including our own - can no longer simply be reactive to the impact of disruptors from technology,” explained Tuteja. “When time to market is more critical than ever, we need to ensure we get the right balance between security governance and the need to advance the business in an agile world.
“Our recent Consumer Loss Barometer report showed that as companies pivot to a more digital world, and customers become more aware of the value of data and associated cyber risks, there's an opportunity for organizations to redesign their relationship with their consumers by putting trust at the heart of it.”
KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 153 countries and territories and have 207,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
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Throughout this release, “we”, “KPMG”, “us” and “our” refer to the network of independent member firms operating under the KPMG name and affiliated with KPMG International or to one or more of these firms or to KPMG International. KPMG International provides no client services. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.
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